Search Results for keywords:"Partial Cabinet Solution bundles"

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Search Results: keywords:"Partial Cabinet Solution bundles"

  • Type:Notice
    Citation:86 FR 8424
    Reading Time:about 18 minutes

    The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by NYSE National, Inc. to amend its schedule of fees and rebates for co-location services. The exchange wants to add two new Partial Cabinet Solution (PCS) bundles, Options E and F, which offer enhanced 40 Gb connections compared to the previous 10 Gb options. This addition aims to attract smaller users who might benefit from a 40 Gb option without needing a full cabinet. The SEC is inviting public comments on this proposal, and users who purchase these new options by December 31, 2021, will receive a discount for the first year.

    Simple Explanation

    The stock exchange wants to make its internet connections faster and is planning to offer new options so smaller customers can also use them without paying for a big package. They're asking people to share their thoughts and want to give a discount to those who sign up before the end of the year.

  • Type:Notice
    Citation:86 FR 8449
    Reading Time:about 18 minutes

    The NYSE American LLC has proposed changes to its co-location services, specifically to their Equities Price List and Fee Schedule and the Options Fee Schedule. The changes aim to introduce two new Partial Cabinet Solution bundles, Options E and F, which offer upgraded network connections for users who need fast data transfer but can't justify the expense of a dedicated cabinet. The proposal states that these bundles would be available for the same setup fee as current options but with different monthly charges, and a 50% monthly fee reduction for the first year is offered if purchased by the end of 2021. The proposed rule change is designed to increase choice in a competitive market without treating any group unfairly.

    Simple Explanation

    The NYSE American LLC wants to offer new choices for sharing computer space where people trade stocks, making it cheaper and faster for everyone. They promise these new choices won't be unfair, but some people are worried because they didn't say much about the reasons for the prices or how it will really help everyone compete.